Convert Angolan Kwanza to Ethiopian Birr
Please provide values below to convert Angolan Kwanza [AOA] to Ethiopian Birr [ETB], or Convert Ethiopian Birr to Angolan Kwanza.
How to Convert Angolan Kwanza to Ethiopian Birr
1 AOA = 6.72950119001267 ETB
Example: convert 15 AOA to ETB:
15 AOA = 15 × 6.72950119001267 ETB = 100.94251785019 ETB
Angolan Kwanza to Ethiopian Birr Conversion Table
| Angolan Kwanza | Ethiopian Birr |
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Angolan Kwanza
The Angolan Kwanza (AOA) is the official currency of Angola, used for all monetary transactions within the country.
History/Origin
The Kwanza was introduced in 1977, replacing the Angolan escudo after independence from Portugal. It has undergone several redenominations due to inflation and economic changes.
Current Use
The AOA is actively used as Angola's legal tender, with coins and banknotes circulating nationwide. It is managed by the National Bank of Angola.
Ethiopian Birr
The Ethiopian Birr (ETB) is the official currency of Ethiopia, used for all monetary transactions within the country.
History/Origin
The Birr was introduced in 1894, replacing the Maria Theresa thaler, and has undergone various reforms and decimalization over the years to modernize Ethiopia's currency system.
Current Use
Today, the Ethiopian Birr is actively used as Ethiopia's legal tender, with coins and banknotes circulating for everyday transactions and economic activities.